🔥 Monday 4 August 2025 Mon, 4 Aug 2025

Minerals 260 Limited's latest drilling at the Bullabulling Gold Project reveals significant gold mineralisation extensions beneath and along strike from existing resources, including standout high-grade intercepts at Bacchus and Phoenix deposits.

Catalyst Metals has significantly upgraded its Trident underground gold resource, doubling indicated ounces and setting a clear path toward doubling annual production to 200,000 ounces. This milestone underscores the company’s strategic progress in the Plutonic Gold Belt.

HMC Capital has completed its acquisition of Neoen Australia's Victorian assets, adding 652 MW of operational battery storage and a 2.8 GW development pipeline to its energy transition platform. This strategic move positions HMC as a growing leader in Australia's renewable energy sector.

Nova Minerals reports a significant metallurgical breakthrough at its RPM Deposit, achieving a 4.33 times upgrade in gold grade via ore sorting and up to 68.7% gold recovery from heap leaching of lower-grade ore. This advances the Estelle Project’s development with a promising new processing flowsheet.

Antares Metals has reported striking rock chip assay results from its Mt Isa North project, revealing copper grades as high as 22.3% at Startle and 16.2% at Moonside, alongside promising gold values. These findings underscore the company’s advancing exploration efforts in a historically rich copper region.

Donaco International shareholders have overwhelmingly approved a scheme of arrangement for On Nut Road Limited to acquire the company at a significant premium, setting the stage for a major ownership change pending court approval.

Pacific Lime and Cement Limited has approved the Final Investment Decision for its Central Lime Project, adopting a fully equity-funded approach that slashes upfront capital costs by 42% and secures strong backing from the Papua New Guinea government and local communities.

Power Minerals Limited reports multiple wide zones of high-grade niobium and rare earth element mineralisation from its maiden drilling at the Santa Anna Project in Brazil, underscoring significant exploration upside.

Lake Resources N.L. has released a pivotal DFS Addendum for its Kachi lithium project, showcasing enhanced lithium grades, reduced costs, and robust financial metrics that position the project as a leading lithium brine development in Argentina.

Lake Resources has released an updated feasibility study for its Kachi lithium brine project, revealing significant capital and operating cost reductions that enhance the project's competitive edge in the lithium market.

Lake Resources has updated its lithium ore reserve for the Kachi Project in Argentina, unveiling an optimized mine plan that boosts lithium grades and recovery while cutting costs and environmental impact.

Endeavour Group faces a leadership shake-up as Executive Chairman Ari Mervis resigns, with CFO Kate Beattie appointed interim CEO ahead of a strategic refresh and new chair search. The group also provides solid F25 sales and profit guidance despite restructuring costs.

Miramar Resources has confirmed multiple gold mineralisation zones in its inaugural drill hole at the 8 Mile prospect, signalling promising extensions of the nearby 8-Mile Dam deposit. Further geophysical surveys and drilling are planned to delineate the scale of this discovery.

Magmatic Resources has launched a new phase of exploration at its Weebo Gold Project in Western Australia, backed by promising high-grade gold assay results and fresh tenement applications.

Olympio Metals has reported a striking new high-grade gold intersection of 1.5m at 54.2 g/t Au at its Paquin Prospect within the Bousquet Project, Quebec, highlighting expanding mineralisation along the Cadillac Break.

Traka Resources has announced a $2.5 million capital raise through a two-tranche placement, alongside significant board and executive changes that could reshape its strategic direction.

WIN Metals Ltd has secured a binding agreement to acquire the high-grade Radio Gold Mine in Western Australia, positioning itself for near-term gold production with existing infrastructure and promising resource upside.

Alkane Resources has received final court approval to acquire Mandalay Resources, setting the stage for a transformative merger expected to complete on August 5, 2025.

Patronus Resources (ASX – PTN) reveals a robust financial position with $81 million in cash and investments against a $106 million market cap, underpinned by 2.3 million ounces of gold equivalent resources across Western Australia and Northern Territory.

Patronus Resources has reported significant high-grade gold intercepts from air-core drilling at its Cardinia Gold Project, revealing new zones of mineralisation and advancing its joint venture with Golden Mile Resources.

Wildcat Resources has announced a promising new lithium discovery at Bolt Cutter Central near its Tabba Tabba project in Western Australia, with maiden drilling revealing multiple high-grade pegmatite intercepts open in all directions.

Northern Star Resources confirms steady Ore Reserves at KCGM and outlines robust FY26 production guidance amid ongoing mill expansion. The company highlights strategic underground development and exploration efforts supporting future growth.

Terrain Minerals has wrapped up a significant 4,995m drilling campaign at its Smokebush Gold Project, with assay results expected in September 2025. The company is simultaneously advancing exploration across multiple Australian projects targeting gold, gallium, copper, lithium, and rare earth elements.

S2 Resources has identified a significant copper-palladium-platinum-gold soil anomaly at its West Murchison project, with drilling approvals secured and exploration poised to advance.